Annual Report 1 April 2023 – 31 March 2024
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Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Table of contents
Welcome from Chair of Trustees ................................................ 3
2023/24 Overview and impact ..................................................... 4
Food redistribution What’s on the Foodhub van ...................................................... 5 Volunteer-powered food rescue .............................................. 6 Foodhub 8 years on .................................................................. 7 Highlights of the year ................................................................ 8
Financial review, structure, governance & management ...12
Appendix
| 1. | Supporter thanks ...................................................................... 16 |
|---|---|
| 2. | Our regular suppliers ............................................................... 17 |
| 3. | Our community partner groups ............................................. 18 |
| 4. | Financial statements ................................................................ 19 |
The Roy Fletcher Centre 12-17 Cross Hill Shrewsbury Shropshire SY1 1JE
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Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Welcome from Chair of Trustees
Dear friends,
March 2024 marked the 8th year of Shrewsbury Food Hub operations, and what a journey it has been. In our first year, we rescued 14 tonnes of surplus food. This year that figure climbed to 214 tonnes, bringing our 8 year total to nearly 1,000 tonnes since we started, which is equivalent to 2.3 million meals. By rescuing this food, we have mitigated 2,665 tonnes of CO2. We are very proud of the positive impact our charity has on both the community and the environment.
Our year-end was highlighted by a visit from Queen Camilla, reminding us that what we do is recognised and valued. This was further reinforced by the many volunteers and team members from the community groups we support, who joined us at our Annual General Feast and shared their stories and real-life experiences of the difference we make.
Without our volunteers, we could not operate. Not only does each and every one of them ensure we can keep doing what we do but they also bring daily joy to our organisation. They are great ambassadors for the Hub, helping to build connections across the community. This year, their numbers rose to a fantastic 165, their time and commitment is amazing.
Our partnership with local chef Steve Guy continued to strengthen this year, building on the success of our Taste With No Waste campaign. Working closely with founder Ali Thomas, Steve supported events and community activities, helping us reach our communities in different ways and particularly focusing on food waste education.
Our trustee group has expanded with the addition of new members, bringing fresh ideas and skills to help us continue our mission of reducing food waste for environmental and social good. Their role in helping us build our long-term resilience to ensure we can continue our work is an important one. To all of them, who along with our small paid team continue to work tirelessly with the support of our volunteers. Thank you!
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Andrew Howe Outgoing Chair of Trustees November 2024
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
2023/24 Overview and impact
Our vision is a community where no food is wasted.
Our mission is to redistribute surplus food and to promote food waste reduction in Shropshire for environmental and social good.
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214 tonnes rescued of good food from the bin
Saved 569 tonnes of CO2
Shared enough food for 511,000 meals
Supplied food to 62 community groups
Supported 15 foodshares every week
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Saved our partner charities and groups more than 40% of their food budget
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
What's on the Food Hub van?
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Volunteer-powered food rescue
Shrewsbury Food Hub would not exist without the support of our amazing volunteers, some have been with us from the very start! They are the lifeblood of the Hub rescuing good food from local suppliers and getting it safely to our community groups 7 days a week, 52 weeks a year.
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15,000+
165
hours of
volunteers
service
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Whether it is getting up early in the cold and dark of a winter’s morning to collect from a supermarket, answering an “emergency” call to rescue some surplus eggs or vegetables from a farm in the countryside, or unloading 2 pallets of yoghurt at the depot at the end of a busy day, no matter how big or small the ask, or how inconvenient the timing, we are always able to rely on someone to step up and help out ! Thank you again to all the longstanding and newer members of our wonderful team, you really are the driving force of the hub. We also get regular feedback that our volunteers do appreciate the opportunity to give something back to their local communities and enjoy the camaraderie of working within the friendly and supportive environment of the Food Hub family. Volunteering is a great way to make new friends, learn new skills and have fun, so if you are interested in finding out more please visit our website.
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Shrewsbury Food Hub, Registered Charity No. 1171092
SHREWSBIJRY Shrewsbury Food Hub Annual Report 2023-24 FOOD 8 YEARS ON HUB In April 2016, Food Hub Founders Ali Thomas and Katy Anderson helped OLrt the Ark by collecting food offered by M&S supermarket. Passionate aboLrt food waste, that year they rescued 14 tonnes! 2016 The 2nd year ol the Food Hub was all about doublSng land a bit morel. Volunteers moved from 14 to 32 and 32 tonnes ol lood was rescued that year. 2017 Anotfrr bumper yèar tonnage increasing to 64 tonnesl By this lime we wefe working wilh $6 Community groups and had over 100 volunteers. 2018 Duilrvj 2019 wè managd to rescue almost 200k meals and Ihis was equivalent to 229 ionThes of C02. We were 3150 getting better known in Shrewsbury 2019 By 2020 wè had 123 volunteers and during the pandemic Ali and Katy took the decislon to run foodshares 7 days a week1 Tonnage moved to 175 tonne8 Wlth food boosted from FareSh8re. 2020 2021 was the start ol u8 seelng a levelling of the food we regcuè mainly fjue to the lact that food waste awareness has increased. 2021 In 2022 we wel¢omed almost 150 regular Yolunieers and rescued 217 tonnes of food. This wa5 equivalent to 518,000 meals. 2022 Our C02 savings this year was $86 tonnesl We are proud to be helpin9 62 community groups around our town aDd make a huge impact in so rnany ways! 2023 year OTAL 970 tonnes 2,320,368 meals 2,665 tonnes c
Shrewsbury Food Hub Annual Report 2023-24
Highlights of the year
Queen Camilla comes to town
Her Majesty the Queen visited Shrewsbury before the Easter weekend (Wednesday 27 March) as part of a wider visit to Shropshire.
As well as meeting stallholders at Shrewsbury Farmers Market, she visited Shrewsbury Flaxmill Maltings where she met with charitable community groups including Shrewsbury Food Hub.
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Ali Thomas, Hub co-founder, welcomed the Queen and introduced her to manager Tammy and volunteers. They talked about why reducing food waste is important, how much surplus food we collect and redistribute, and how this food supports our community.
Ali said: “What a lovely day! Her Majesty was charming and friendly, and just put everyone at their ease. We all felt very special, and it was so lovely that so many of our volunteers could attend and be part of it.”
Tackling food waste is one of the King’s passions, and the Queen promised to report back to her husband about us!
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Highlights of the year
Annual General Feast 2023
We were delighted to hold our AGF on 16 November 2023 (our take on an AGM). The objective was to show our appreciation to everyone who supports the Food Hub’s mission of putting surplus food to good use.
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At the event we were able to showcase what goes into getting the surplus food we rescue (or harvest) shared. And, most importantly, the positive impact this has in our community and for our environment.
Hub manager Tammy welcomed everyone and talked through our achievements. Ali, one of our founders, used the now famous ‘washing line’ to highlight our key impacts for 2022/23 and talk about our future plans. Steve from 1st Shrewsbury Scouts brilliantly highlighted what a difference the Hub makes to youngsters each week, and volunteer Michael shared his passion for the Hub and performed his ‘Food Hub!’ poem. Finally, our patron, the Lord-Lieutenant of Shropshire Anna Turner, talked about her support for the Hub and thanked volunteers for all they do.
Bringing together our volunteers, trustees, patron, surplus food suppliers, community group partners, and funders made for a very special evening, plus we all enjoyed a fabulous surplus supper cooked by two great local chefs, Steve @thehungryguy and Tom.
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Highlights of the year
Other news and events
In April we held our annual Walk Against Waste where we enjoyed chatting about the issues of food waste and it’s impact as well as raising funds from those taking part in the walk. Other fundraising events included a musical evening at St Giles Church, a stall at the Shrewsbury Food Festival and the cycle event, Border Randonnee in conjunction with the local rotary. We also enjoyed being part of the Winter Warmer event at Shrewsbury Market Hall armed with our surplus mince pies and mulled wine, another great opportunity to chat to a different group of people from our community.
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This year, we were the proud recipients of the Mayor’s Award for Climate Change Emergency and took part in the BBC Radio Shropshire Community awards night. For the 4th year running, we were delighted to reach the Big Give Green Match Fund fundraising goal which gave us a total of £13,011. Plus we received funding from the UK Shared Prosperity Fund (UKSPF), a government-allocated fund managed by Shropshire Council.
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Highlights of the year
Other news and events
. Some Our Glean Team were out again this season and rescued an impressive 1,502 kg of our volunteers just join us for the apple picking season and we love to see them each year.
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After starting Soupersonic during the postChristmas season in 2022, the idea has developed this year from a seasonal event to all year. Surplus ingredients have been turned into soup, pasta sauces and other meals and distributed out via our community freezer
network with specific funding from the UKSPF. Volunteers join us for chop and chat and learn about food waste. Recipients enjoy good tasty food and community groups and charities benefit from food ready to eat and a reduction in food and energy costs. There is no doubt that this initiative is a Win:Win for everyone involved and will continue to make a real difference.
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Financial review, structure, governance & management
Financial position at the end of the year
Total income for the year was £237,056 including donated goods and services of £5,415. Total expenditure was £252,398, giving net expenditure of £15,342. The main sources of income and expenditure are summarized below:
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Note: Our operational staff team was 3.9 FTE with our 165 volunteers providing the equivalent of 8.36 FTE.
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Financial review, structure, governance & management
When combined with funds brought forward from the previous year, the total funds of the charity as at 31 March 2024 were £144,080 and are made up as follows:
£ Fixed Assets 9,546 Unrestricted Funds General/Free Reserves 30,856 Designated funds 65,000 Restricted Funds Food Redistribution 33,875 Learning and Partnership 4,803 __ Total Funds 144,080
Unrestricted funds are the free funds of the charity to use at the discretion of the trustees in the furtherance of the charity's objectives. Unrestricted funds may include designated funds where the trustees, at their discretion, have created a fund for a specific purpose. The general funds are therefore the ‘free reserves’ after allowing for all designated funds.
The trustees have designated the following reserve of funds to support the charity’s continued operation:
£ Liquidity Reserve – 3 months operating costs 65,000
Restricted funds are maintained in accordance with the restrictions placed by the donor upon funds donated or by the specific aims of fundraising appeals of the charity.
The restricted funds of £33,875 for Redistribution activities are donations received to support and expand the collection of surplus food. They mainly relate to donations received for the purchase of a second vehicle and depot equipment and to fund part of the running costs of the depot. Those for Learning and Partnership are for the delivery of specific projects, in addition to Food Redistribution activities and relate to the continuation of the community kitchen activities of the Food Hub.
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Financial review, structure, governance & management
Reserves Policy
The Liquidity Reserve is in accordance with the trustees’ policy to maintain a contingency sum of money in reserve equivalent to at least 3 months outgoing payments. This is to enable the charity to respond to unforeseen events or unplanned expenses or to cover the costs of closure.
Going Concern
The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from approving these financial statements. The budgeted income and expenditure are sufficient with the level of reserves for the charity to be able to continue for the foreseeable future. As a result, the charity's financial statements have been prepared on a going concern basis.
Public Benefit
The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when setting the charity’s aims and objectives, and in planning future activities. Our mission is to redistribute surplus food and to reduce food waste in Shropshire for environmental and social good. This Annual Report has described in detail the difference Shrewsbury Food Hub has made, and in particular who has benefitted from our activities.
Charity Structure
The charity is a Charitable Incorporated Organization (CIO), following the Foundation model constitution.
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Financial review, structure, governance & management
Trustees Information
Trustees were invited to join by the Board of the charity based on their skills and experience to support the future sustainability of the organisation. People currently acting as trustees:
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Date appointed if Name of person
Name of Trustee Office (if any)
not whole year (or body) entitled to appoint trustee
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| Name of Trustee | Office (if any) | Date appointed if not whole year |
Name of person (or body) entitled to appoint trustee |
|---|---|---|---|
| Joanna Powell | Chair | N/A | |
| Patrick Nolan | Treasurer | N/A | |
| Catriona Graham | Company Secretary | N/A | |
| Michael Haddaway | N/A | ||
| Andrew Howe | N/A | ||
| Katharine Hudson | N/A | ||
| Sarah Jackaman | N/A | ||
| Emma Musgrove | N/A | ||
| Mark Owen | N/A | ||
| Michael Paul | N/A | ||
| Daphne Welch | N/A |
Other People Who Served as Trustees in 2023/24
Joy Currey
Alison Thomas
N.B Andrew Howe stepped down as Chair on 16.10.24 and was replaced by Jo Powell. As Andrew was in post for the financial year 2023/2024, he is the author of Welcome from the Chair of Trustees in this Annual Report.
The trustees declare that they have approved the trustees' annual report and annual accounts for the period 1 April 2023 to 31 March 2024.
Signed by Joanna Powell
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Date 28/01/2025
Chair of Trustees
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Shrewsbury Food Hub Annual Report 2023-24
Appendix 1: Supporter thanks
We are incredibly grateful for the continued generosity of our supporters— individuals, businesses, and charitable trusts—who make our work possible. Your contributions empower us to rescue surplus food and redistribute it for the benefit of our community and the environment.
This year, we deepened our connections with volunteers, community partners, and suppliers, ensuring Shrewsbury Food Hub remains financially resilient and impactful. Initiatives like the Soupersonic project have opened up new opportunities for engagement, while our partnership with local chef Steve Guy, alongside founder Ali Thomas, has been pivotal in turning surplus food into meals for those in need. Their collaborative efforts have creatively engaged audiences and promoted vital food waste education.
The Walk Against Waste continues to be a highlight of our year, bringing people together to walk, talk, and raise funds in support of our mission. Events like this, alongside our participation in the Shrewsbury Food Festival and other local initiatives, have helped us expand our reach and foster even stronger community connections.
At the core of everything we do is our unwavering commitment to our supporters. We are dedicated to raising funds ethically and sustainably, and your generosity fuels our mission. For that, we thank you. Thank you for walking alongside us— together, we are transforming surplus food into meaningful solutions for a better future.
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THANK YOU to all our funders, suppliers, partner community groups and volunteers for supporting our work
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Shrewsbury Food Hub, Registered Charity No. 1171092
Shrewsbury Food Hub Annual Report 2023-24
Appendix 2: Regular suppliers
Thanks to all our food suppliers, we stopped 214 tonnes of good food from being wasted this year. The rescued food reduced their environmental impact and helped local groups that support the vulnerable, the elderly, the young, and those on low incomes. As well as our regular suppliers, we received one-off donations from local business such as pubs, restaurants, allotment groups and smallholders. Without our suppliers, we would not be able to support any of the community groups we work with.
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Aldi Lidl
Arla Little Food Company
Asda M&S
Bookers Maynards Farm
British Quinoa Company Minimise
Campus and Co Morrisons Shrewsbury
Cheese Wedge Company Muller, Market Drayton
Condover College Nandos Shrewsbury
Connect Aid CIC Oriental Food Express Ltd
Co-op Food Group Portion Solutions
Coopers Gourmet Foods Premier Foods
Cotteswold Dairy Pret A Manger
Euro Quality Lambs Promotional Handling Ltd (PHL)
FareShare Birmingham Sainsburys
Farmfoods Shray Hill Farm
Flower and White Shrewsbury Flower Show
Ford Hall Farm Shropshire Festivals
Greenacres Farm (eggs) SPAR
Greggs Tesco
Jenny's Catering UK Foodhall
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Shrewsbury Food Hub Annual Report 2023-24
Appendix 3: Regular partner groups
We are proud to be working with 60 local charities and groups who support our community. The surplus food we supply free of charge saves them money, giving them more to spend on their core services. In addition to our regular partner groups listed, we also provided food to other groups on an ad-hoc basis as well as groups in surrounding rural communities including Minsterley, Bomere Heath, Stiperstones, Craven Arms, Telford, Ludlow, Church Stretton, Whitchurch, Highley, Oswestry, and Ellesmere.
| Access School | Harlescott Community Hub | Normanton care home | |||
|---|---|---|---|---|---|
| Armed Forces Outreach | Harlescott Junior School | OsNosh | |||
| Autism Hub A4U | Headway | Oxon Parish Church | |||
| Bellevue Youth Group/ Community Centre | Highley Community Project | Passmaster Activity Club | |||
| Bomere Heath school | Holy Trinity Playgroup | Samaritans | |||
| Brick Breakfast / Lego Club | Inside Out Learning | Senco Breakfast club | |||
| Bromford Housing | Leaving Care Team | Severn Hospice | |||
| Christ Church Foodshare | Lingen Davies | Shrewsbury Academy Trust | |||
| Church of the Holy Spirit | Little Greenfields playgroup | Shrewsbury Baptist Church Crowmoor | |||
| Coffee in the living room | Longden School | Shrewsbury Colleges Group | |||
| Column Nursery | Loppington Youth Club | Shrewsbury Council Youth Service | |||
| Crossbar Coaching | Martin Wilson School | Shrewsbury First Scout Group | |||
| Early Help Outreach Team | Meadow Farm Preschool | Shrewsbury Food Bank Plus Barnabas | |||
| Emmanuel Church | Meet Place | Shrewsbury Hospital | |||
| Empathy For Special Children | Meole Brace Primary School | Shrewsbury Repair Cafe | |||
| Friends Zone | Meole Brace School Young Carers | Shrewsbury Street Pastors | |||
| Gains Park FoodShare | Meole Brace Secondary School | Shrewsbury Town Council Temp Accomm | |||
| Grange Primary | Minsterley Primary School | Shrewsbury Town in the Community | |||
| Greenacres Primary School | Minsterly Foodshare | Shrewsbury Unitarian Church | |||
| Greenfields Primary School | Mount Pleasant Primary school | Shrewsbury United Reformed Church | |||
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REGISTERED COMPANY NUMBER: CE009610 (England and Wales) REGISTERED CHARITY NUMBER: 1171092
SHREWSBURY FOOD HUB
TRUSTEES' REPORT AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
SHREWSBURY FOOD HUB
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Trustees' Report | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Statement of Financial Position | 6 | ||
| Notes to the Financial Statements | 7 | to | 14 |
SHREWSBURY FOOD HUB
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES
Mr A Howe Ms E Musgrove Ms S Jackaman Mr M Paul Mr P Nolan Ms D Welch Mr M Owen Ms C Graham Ms J Powell Mr M Haddaway Ms K Hudson Ms A Thomas (resigned 31.12.24) Ms J Currey (resigned 16.10.24)
REGISTERED OFFICE
REGISTERED COMPANY NUMBER
The Roy Fletcher Centre Cross Hill Shrewsbury SY1 1JE CE009610 (England and Wales)
REGISTERED CHARITY 1171092 NUMBER
INDEPENDENT EXAMINER
TCA (Shrewsbury) LLP Third Floor 21 St Mary's Street Shrewsbury Shropshire SY1 1ED
Page 1
SHREWSBURY FOOD HUB
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Details of the charitable objectives and aims have been set out in the attached annual report.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Details of the activities have been set out in the attached annual report.
FINANCIAL REVIEW
Financial position
A financial review for the year, including details of the Charity's reserves policy, has been included in the attached annual report.
FUTURE PLANS
2024/2025 will see Shrewsbury Food Hub continue to focus on reducing food waste for environmental and social good.
We will continue to work collaboratively to build mutually supportive partnerships with individuals and organisations that fit our strategic goals.
The hub will continue to focus on working closely with our complex supply chain to communicate our goals of valuing and preventing good food from going to waste. Thus, ensuring we can continue to deliver surplus food to 60 charities and groups within our community.
The Hub is increasing its focus on education and communicating our message to drive down surplus food waste. We will build on our Taste with No Waste campaign of education and training. Our new Community Kitchen project will support local people by providing free cooking activities to increase skills and bring the community together over shared food.
We will maintain our focus on developing a well-rounded and balanced portfolio of funding streams including sponsorship, community funding and grant funding. This will ensure that we can deliver our goals efficiently and cost effectively with the facilities and infrastructure we have, without over stretching our team of staff and volunteers.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The Charitable Incorporated Organisation is controlled by its Constitution as defined by the Charities Act 2011 and adopted on 17th November 2016.
TRUSTEES' RESPONSIBILITY STATEMENT
The trustees (who are also the directors of Shrewsbury Food Hub for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Page 2
SHREWSBURY FOOD HUB
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES' RESPONSIBILITY STATEMENT - continued
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
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.................................................................
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................................................................. Ms J Powell - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHREWSBURY FOOD HUB Independent examinerfs report to the tNstees of Shrewsbury Food Hub Ilhe Company'l I report lo the chanty tnjstees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's Iruslees of the Company {and also rts directots for the purposes of Company law} you are responsible for the preparation of the accounts in accordance wrth the reqU1ments of the Companies Act 20061'the 2006 Acl'l. Having satisfied myself that the accounts of the Company are not reqtjired to be audited under Part 18 of the 2006 Act and are eligible for independent examinab"on, I rewrt in respect of my examination of your charity's accounts as carried out under Section 145 of the Charits"es Act 2011 1.the 2011 ACYI. In carrying out my examination I have followed the Directions given by the Charity Commission under SectK*n 145151 Ibl of the 2011 Act Independenl examinerfs slatement I have completed my examination. I confirm that no matters have come to my attention in connection with the examinab.on giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 20CI8 Act., or the accounts do not accord with those records. or the accounts do not comply with the accounb.ng requirements of Section 396 of the 2006 Act other than any requirement that the accounts gNe a true and fair view which is not a Matter considered as part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reFQrting by charities (applicable lo charities preparing their accounts in accordance with the Financial ReFKSrting Stsndard applicable in the UK and Republic of Ireland {FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should drawn in this report in order to enable a proFer understanding of the a¢¢ounts to be reached. C Moelwyn-WilliarrB Bsc FCA TCA IShTewsbury) LLP Third Floor 21 St Mary's Street Shrewsbury Shropshire SY1 1ED Date.. .26t. n.Jcuiu. 2025 Page 4
SHREWSBURY FOOD HUB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 130,113 Charitable activities 4 Grant income received 23,419 Investment income 3 2,174 Total 155,706 EXPENDITURE ON Raising funds 32,054 Charitable activities Redistribution of food 161,895 Learning and partnership projects - Total 193,949 NET INCOME/(EXPENDITURE) (38,243) Transfers between funds 13 1,568 Net movement in funds (36,675) RECONCILIATION OF FUNDS Total funds brought forward 142,077 TOTAL FUNDS CARRIED FORWARD 105,402 |
Restricted funds £ 32,242 49,108 - 81,350 - 33,431 25,018 58,449 22,901 (1,568) 21,333 17,345 38,678 |
2024 Total funds £ 162,355 72,527 2,174 237,056 32,054 195,326 25,018 252,398 (15,342) - (15,342) 159,422 144,080 |
2023 Total funds £ 206,545 8,890 877 216,312 18,727 179,845 40,591 239,163 (22,851) - (22,851) 182,273 159,422 |
|---|---|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 5
SHREWSBURY FOOD HUB
STATEMENT OF FINANCIAL POSITION 31 MARCH 2024
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 9 9,546 CURRENT ASSETS Debtors 10 15,115 Cash in hand 87,018 102,133 CREDITORS Amounts falling due within one year 11 (6,277) NET CURRENT ASSETS 95,856 TOTAL ASSETS LESS CURRENT LIABILITIES 105,402 NET ASSETS 105,402 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - 352 38,326 38,678 - 38,678 38,678 38,678 |
2024 Total funds £ 9,546 15,467 125,344 140,811 (6,277) 134,534 144,080 144,080 105,402 38,678 144,080 |
2023 Total funds £ 20,181 31,570 113,840 145,410 (6,169) 139,241 159,422 159,422 142,077 17,345 159,422 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Ms J Powell - Trustee
The notes form part of these financial statements
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SHREWSBURY FOOD HUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
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the requirements of Section 7 Statement of Cash Flows;
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the requirement of paragraph 3.17(d);
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the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
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the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;
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the requirement of paragraph 33.7.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Grants from the government and other agencies have been included as 'Grants' in furtherance of the charity's objects.
Donated goods and services
Donated goods, services and facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity is probable and the economic benefit of can be measured reliably.
In accordance with the Charities SORP (FRS 102), the time of volunteers is not recognised in the accounts, but the trustees' annual report provides information about their contribution.
On receipt, donated assets, services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or assets of equivalent economic benefit in the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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IT, Office and General Equipment - straight line basis over 3 years
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Major Depot equipment - straight line basis over 5 years
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Motor vehicles - straight line basis over 5 years
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SHREWSBURY FOOD HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES - continued
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2. DONATIONS AND LEGACIES
| Donations Gift aid Donated services and facilities |
2024 £ 149,333 7,607 5,415 162,355 |
2023 £ 158,627 25,385 22,533 |
|---|---|---|
| 206,545 |
Donated Goods, Facilities and Services included within the above include:
| Depot Rental IT Support Communications support Consumables Small items of equipment Depot equipment Operating Costs Fundraising Costs |
2024 £ - 3,435 - - - - 890 1,090 5,415 |
2023 £ 12,000 8,100 1,500 380 253 300 - - |
|---|---|---|
| 22,533 |
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SHREWSBURY FOOD HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
3. INVESTMENT INCOME
| Interest receivable 4. INCOME FROM CHARITABLE ACTIVITIES Activity Grants Grant income received Grants received, included in the above, are as follows: Local authority grants 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2024 £ 2,174 2024 £ 72,527 2024 £ 72,527 2024 £ 10,635 |
2023 £ 877 |
|
|---|---|---|---|
| 2023 £ 8,890 |
|||
| 2023 £ 8,890 |
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| 2023 £ 13,079 |
6. TRUSTEES' REMUNERATION AND BENEFITS
The charity’s governing document provides that trustees may be paid for the supply of services, if trustees consider this to be in the best interest of the charity.
In the year ended 31 March 2024, Alison Thomas received £6,021 (2023: £6,015) to support the charity in its delivery of Learning and Partnership projects.
Trustees' expenses
During the year, the charity reimbursed Trustees expenses of £176 (2023: £193) in connection with mileage incurred whilst performing charitable duties. £196 (2023: £81) was donated back to the charity to cover for mileage costs incurred.
7. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Charity Staff |
2024 £ 147,195 5,558 8,685 161,438 2024 9 |
2023 £ 135,135 4,436 7,504 |
2023 £ 135,135 4,436 7,504 |
|---|---|---|---|
| 147,075 | |||
| 2023 8 |
No employees received emoluments in excess of £60,000.
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SHREWSBURY FOOD HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 155,951 50,594 Charitable activities Grant income received 1,000 7,890 Investment income 877 - Total 157,828 58,484 EXPENDITURE ON Raising funds 18,727 - Charitable activities Redistribution of food 147,835 32,010 Learning and partnership projects - 40,591 Total 166,562 72,601 NET INCOME/(EXPENDITURE) (8,734) (14,117) Transfers between funds 5,434 (5,434) Net movement in funds (3,300) (19,551) RECONCILIATION OF FUNDS Total funds brought forward 145,377 36,896 TOTAL FUNDS CARRIED FORWARD 142,077 17,345 9. TANGIBLE FIXED ASSETS Depot Motor Computer Equipment vehicles equipment £ £ £ COST At 1 April 2023 and 31 March 2024 21,224 27,065 8,498 DEPRECIATION At 1 April 2023 14,732 15,439 6,435 Charge for year 3,149 5,813 1,673 At 31 March 2024 17,881 21,252 8,108 NET BOOK VALUE At 31 March 2024 3,343 5,813 390 At 31 March 2023 6,492 11,626 2,063 |
Total funds £ 206,545 8,890 877 216,312 18,727 179,845 40,591 239,163 (22,851) - (22,851) 182,273 159,422 Totals £ 56,787 36,606 10,635 47,241 9,546 20,181 |
|---|---|
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SHREWSBURY FOOD HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Prepayments and accrued income |
2024 £ 10,499 4,968 15,467 |
2023 £ 7,250 24,320 31,570 |
|---|---|---|
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Other creditors Accruals and deferred income |
2024 £ 3,333 964 1,980 6,277 |
2023 £ 4,839 - 1,330 6,169 |
|---|---|---|
12. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| Within one year MOVEMENT IN FUNDS Unrestricted funds General fund Designated Funds Restricted funds Redistribution of Food Learning and Partnership Projects TOTAL FUNDS |
At 1.4.23 £ 80,539 61,538 142,077 8,433 8,912 17,345 159,422 |
Net movement in funds £ (38,243) - (38,243) 27,010 (4,109) 22,901 (15,342) |
2024 £ 12,487 Transfers between funds £ (1,894) 3,462 1,568 (1,568) - (1,568) - |
|
|---|---|---|---|---|
13. MOVEMENT IN FUNDS
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SHREWSBURY FOOD HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Redistribution of Food Learning and Partnership Projects TOTAL FUNDS |
Incoming resources £ 155,706 60,441 20,909 81,350 237,056 |
Resources Movement expended in funds £ £ (193,949) (38,243) (33,431) 27,010 (25,018) (4,109) (58,449) 22,901 (252,398) (15,342) |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Designated Funds Restricted funds Redistribution of Food Learning and Partnership Projects TOTAL FUNDS |
At 1.4.22 £ 83,377 62,000 145,377 15,111 21,785 36,896 182,273 |
Net movement in funds £ (8,734) - (8,734) (5,416) (8,701) (14,117) (22,851) |
Transfers between funds £ 5,896 (462) 5,434 (1,262) (4,172) (5,434) - |
At 31.3.23 £ 80,539 61,538 142,077 8,433 8,912 17,345 159,422 |
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Redistribution of Food Learning and Partnership Projects TOTAL FUNDS |
Incoming resources £ 157,828 26,594 31,890 58,484 216,312 |
Resources Movement expended in funds £ £ (166,562) (8,734) (32,010) (5,416) (40,591) (8,701) (72,601) (14,117) (239,163) (22,851) |
|---|---|---|
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SHREWSBURY FOOD HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated Funds Restricted funds Redistribution of Food Learning and Partnership Projects TOTAL FUNDS |
At 1.4.22 £ 83,377 62,000 145,377 15,111 21,785 36,896 182,273 |
Net movement in funds £ (46,977) - (46,977) 21,594 (12,810) 8,784 (38,193) |
Transfers between funds £ 4,002 3,000 7,002 (2,830) (4,172) (7,002) - |
At 31.3.24 £ 40,402 65,000 105,402 33,875 4,803 38,678 144,080 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Redistribution of Food Learning and Partnership Projects TOTAL FUNDS |
Incoming resources £ 313,534 87,035 52,799 139,834 453,368 |
Resources Movement expended in funds £ £ (360,511) (46,977) (65,441) 21,594 (65,609) (12,810) (131,050) 8,784 (491,561) (38,193) |
|---|---|---|
Unrestricted funds
Unrestricted funds are the free funds of the charity to use at the discretion of the trustees in the furtherance of the charity's objectives. Unrestricted funds may include designated funds where the trustees, at their discretion, have created a fund for a specific purpose. The General Fund also includes the fixed assets of the charity.
The trustees have designated the following reserve of funds to support the charity's continued operation:
Liquidity Reserve - 3 months operating costs
£ 65,000
The "free reserves" of the charity as at 31 March 2024 after allowing for fixed assets of £9,546 and designated funds of £65,000, total £30,856.
Restricted funds
Restricted funds are maintained in accordance with the restrictions placed by the donor upon funds donated or by the specific aims of fundraising appeals of the charity.
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SHREWSBURY FOOD HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
13. MOVEMENT IN FUNDS - continued
The restricted funds of £33,875 for Redistribution activities are donations received to support and expand the collection of surplus food. They mainly relate to donations received for the purchase of a second vehicle and depot equipment and to fund part of the running costs of the depot. Those for Learning and Partnership are for the delivery of specific projects, in addition to Food Redistribution activities and relate to the continuation of the community kitchen activities of the Food Hub.
Reserves Policy
The Liquidity Reserve is in accordance with the trustees' policy to maintain a contingency sum of money in reserve equivalent to at least 3 months outgoing payments. This is to enable the charity to respond to unforeseen events or unplanned expenses or to cover the costs of closure. Following a review in the year ended 31 March 2024, this has been uplifted to £65,000.
14. EMPLOYEE BENEFIT OBLIGATIONS
The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. The pension cost charge represents contributions payable by the charitable company to the fund and amounted to £8,685 (2023: £7,504). Contributions totalling £963 (2023: £25) were payable to the fund at the balance sheet date.
15. RELATED PARTY DISCLOSURES
During the year, the charity received donations from it's Trustees totalling £798.
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